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New Member
posted Feb 17, 2025 7:19:54 AM

When will I be able to file my taxes which are on hold pending the issue of forgetting to take an RMD in 2024?

0 4 900
4 Replies
Expert Alumni
Feb 17, 2025 8:06:47 AM

Please clarify, what is it on hold? Who is holding it up, you or the software or the IRS? 

New Member
Feb 17, 2025 10:04:14 AM

Check This Entry

Forms 1099-R Summary: RMD total not distributed - We are hard at work on some updates related to your situation. In the meantime, you can keep working on other parts of your tax return. Please check back here later.

RMD total not distributed

Code P

Code R

35

36

Distribution reported on 2023 tax return

Recharacterizations of prior year contributions or conversions. Need not be reported on tax return.

Tax Withholding

Box 4

Box 14

Box 17

37

38

39

Total federal tax withheld

Total state tax withheld

Total local tax withheld

New Member
Feb 20, 2025 6:35:13 AM

During the review, the fix error message comes up. It takes me to RMD NOT TAKEN and states that they are working on this issue 

Expert Alumni
Feb 20, 2025 6:45:44 AM

Do you have any 1099-Rs that have the Box 7 IRA/SEP/SIMPLE checked.

 

These are the 1099-R's that require an RMD.

Select each one of these and confirm the entries (Especially the RMD questions).

 

To Update a 1099-R

Log into TurboTax

  1. Under Federal
  2. Select Wages & Income
  3. Scroll to and select IRA, 401(k), Pension Plan Withdrawals (1099-R)
  4. Now Edit or Add another 1099-R
  5. Enter your Broker or plan administrator information.
  6. Follow the interview.

Where do I enter my 1099-R?